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Genmab Buys ProfoundBio for $1 8B to Boost Oncology Portfolio

Danish drugmaker Genmab said Wednesday it plans to acquire U.S. biotech firm ProfoundBio for $1.8 billion in cash to expand its cancer treatment portfolio.

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ADC oncology acquisition to address solid tumours

ADC oncology acquisition to address solid tumours
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Genmab targets new cancer therapies with $1 8 billion ProfoundBio deal

Danish drugmaker Genmab A/S agreed to buy closely held US biotech firm ProfoundBio Inc. for $1.8 billion in cash.

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Genmab to Broaden and Strengthen Oncology Portfolio with Acquisition of ProfoundBio

Company AnnouncementGenmab to acquire ProfoundBio for USD 1.8 billion in cash Acquisition will give Genmab worldwide rights to three candidates in clinical development, including rinatabart sesutecan (Rina-S), plus ProfoundBio’s novel antibody-drug conjugate (ADC) technology platforms Rina-S is a novel, next-g.

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Form 10-K Vincerx Pharma, Inc For: Dec 31

Form 10-K Vincerx Pharma, Inc For: Dec 31
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